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A comment on Sears has another chance to avoid closing down. Parent comment

Re:Sears has another chance to avoid closing down by erikcw on Tuesday January 08, 2019 @11:48AM (#18856970)
This was years ago so I don’t have a reference. But one of my business professors in college assigned a case study that contained the memorable (to me) stat that the average Costco shopper had a higher net worth than the average Nordstrom shopper. Something to do with small business owners vs people going into debt to look more affluent than they really are...
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Re:Sears has another chance to avoid closing down by philwelch on Tuesday January 08, 2019 @12:27PM (#18857373)
Net worth, versus annual income.

Shopping at Costco is often a wise financial decision, and hence people who shop at Costco tend to be the type of people who make wise financial decisions, and the net result of making wise financial decisions is a higher net worth.

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